Remove Auto Remove Companies Remove Global Remove India
article thumbnail

Opinion: How India can become a global hub for mobility tech – ET Auto

Baua Electric

A Cornerstone for Innovation at the forefront of India’s strategy lies the imperative to foster indigenous technological innovation. New Delhi: In the pursuit of establishing itself as a global leader in mobility tech nology, India must strategically address four key areas with unwavering commitment and concerted efforts.

India 52
article thumbnail

Power Global, Rap Eco Motors to launch mass electric auto-rickshaw line powered by swappable battery technology

Green Car Congress

Following an initial product launch in April 2022, the companies will partner to manufacture 50,000 electric auto-rickshaws over the next five years, advancing both companies’ roadmaps for “made in India” manufacturing.

Auto 243
article thumbnail

India set to become global semiconductor manufacturing destination: Industry – ET Auto

Baua Electric

According to S P Kochhar, Director General, COAI, the approval for these units which has come under India’s Semiconductor Mission is a positive and commendable development. lakh crore, as part of an attempt to cut India’s dependence on imports to meet the requirements of chips.

India 52
article thumbnail

Driving Towards a Sustainable Future: The Rise of Electric Autos in India

Baua Electric

With the global push towards sustainability, the rise of electric autos in India comes as no surprise. The Indian government has introduced various incentives and initiatives, such as subsidies and tax benefits, to promote the adoption of electric autos.

India 98
article thumbnail

Suzuki Motor eyes record year, India to drive global sales | Autocar Professional

Baua Electric

Suzuki Motor Corporation expects record sales for the 4th consecutive year and 3rd consecutive year of operating profits in the current financial year, led by a strong outperformance in India. We will continue to promote the expansion of our SUV models and aim to recover our total passenger car share,” the company assured investors.

Suzuki 52
article thumbnail

Stellantis-Leapmotor announces global expansion, to enter India by Q4 of 2024 | Autocar Professional

Baua Electric

Carlos Tavares, Stellantis’ global CEO, has announced that Leapmotor will enter the Indian market in Q4 of 2024 as part of Leapmotor International’s global expansion strategy. In Q4 of 2024, Leapmotor International will enter the South America, Middle East, Africa, India, and Asia Pacific regions, informed Tavares.

India 52
article thumbnail

CEO’s Take on 2024: Cost efficiency and tech skills make India a global force in auto parts sector, says Nirmal K. Minda, CMD, Uno Minda – ET Auto

Baua Electric

Minda, CMD, Uno Minda Edited excerpts: Q: After two consecutive years of swift growth in the auto component industry ‘s performance, what is your outlook for 2024? The past two years have seen a remarkable transformation in the Indian auto and auto component industry.

India 52